Save Article

Uncertainties Plague
Taipei Despite Rally

By

Russell Flannery Staff Reporter of The Wall Street Journal

Updated Aug. 9, 1999 12:01 a.m. ET

TAIPEI, Taiwan -- Taiwan's main stock index gained on Saturday after six straight days of declines, but uncertainties about the outlook for the island's strained ties with Beijing will leave investors edgy and trading volatile, analysts say.

Shares vaulted 3.3% from a four-month low on what traders said was buying by investment funds controlled by government authorities seeking to stabilize the market after a dive in the past month...